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Archive for the 'Congress' Tag

Invacare plays hardball…

Monday, January 11th, 2010

While the rest of the country went back to work last week, Congress is just getting around to that task today and by most accounts healthcare is at the top of the agenda. But one company seems to have gotten an early start: Invacare (IVC) filed this 8K on Friday, which certainly caught our attention. [...]

The Supremes and Sarbanes-Oxley…

Tuesday, December 8th, 2009

Yesterday, we took a break from our normal trawl through the filings to cozy up with the transcript from the arguments before the Supreme Court over whether the Public Company Accounting Board (PCAOB), which was created under Sarbanes-Oxley, has a right to exist.
The arguments in the case, which was formally titled the Free Enterprise Fund vs. [...]

It’s time for Congress to start reading some proxy statements!

Wednesday, October 14th, 2009

As we all know now, the Senate Finance Committee passed healthcare legislation yesterday. Of course, as this Bloomberg story points out, there’s still a long way to go.
One of the many things that has been amusing during this whole debate has been resistance by many Democrats — a letter signed by 156 members of Congress [...]

The Senate takes on hedge funds…

Thursday, July 16th, 2009

Yesterday afternoon, we listened in on the Senate Banking Committee’s hearing on additional regulation for hedge funds and other forms of private investment, like venture capital. Which seems like a fairly important topic, given some of the grand-standing we’ve seen in the not-too-distant past from various elected officials. Yet, when the live feed pulled away [...]

Mastercard says see no evil…

Wednesday, May 20th, 2009

Yesterday, the Senate passed by a vote of 90-5 what has been described by the WSJ and others as sweeping restrictions on the credit card industry.
Given how this wasn’t really that big of a surprise and given how the House is expected to pass similar legislation and President Obama is expected to sign it, we [...]